Is it in PayPal's interest that Libra succeeds? It seems that they would be competitors. They might just have backed it strategically to somehow have a stake in it if it takes off big time. Given the pushback they could now bank on the whole thing failing instead.
That doesn't seem to contradict what I said? Sure, PayPal wanted a stake in this assuming it would become a success that they couldn't stop... but they may still be better off if Libra doesn't become a success in the first place.
